NOT LISTED FOR SALE

Estimated Value: $266,000 - $399,000

6 Beds
2 Baths
3,908 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $335,000 $86 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,189/month

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Cass Technical High School Rated 10

About This Home

As of March 2024

**HOUSE HACKERS & INVESTORS** This La Salle Gardens 2-family property has been completely remodeled from top to bottom and is ready for its new owner! The property features two units, each w/ 1,954 sq. ft., 3 bedrooms, 1 bathroom, a massive living room, dining room, and kitchen! Each unit also features a gorgeous original fireplace and crown moldings. The lower-level unit has a tenant on a lease through 9/30/2024 at a rent rate of $1,550/month, and we can have the 2nd unit tenanted for you at a similar rent rate, if you prefer! The kitchens feature white shaker cabinets, butcher block counter-tops, and will include a full suite of new appliances, while the bathrooms feature beautiful new tile, trendy fixtures, and a new vanity! Other updates include all-new romex wiring, a new roof & decking with 3D architectural shingles, new vinyl windows, new front porch railing, a new sewer line, new PEX & PVC plumbing, forced air heating, new A/C units w/ security cages (to be installed later), beautifully refinished hardwood floors, and so much more! Gas and electric are metered separately, water is on 1 meter. The unit that is not pictured has identical finishes and layout to the pictured unit. Located less than 1/4 mile from the beautiful LaSalle Park spot, as well as close to New Center and all that it has to offer! You can enjoy the summer evenings on an expansive, covered front porch or the upper unit balcony! Finally, the La Salle Gardens/Virginia Park neighborhoods are some of the fastest growing areas of the city, with over $3.5 BILLION in developments slated to happen over the next 5 years!

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 02/15/2024

RE/MAX Leading Edge

Co-Listed By

Samuel Kain

RE/MAX Leading Edge License #6501415392

Last Buyer's Agent

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 02/15/2024

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1925 | Remodeled in 2023

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.00 x 128.00

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 3,908 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W10I001731S
  • $17,800 Seller Concession

Community Details

Overview

  • 2 Units
  • Dorans La Salle Blvd Annex Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,444

Year Built

Built in 1925 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Year Renovated: 2023
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3908
  • Total Sq Ft: 3908
  • Sq Ft Total Bsmt: 1808

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 45
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 45.00 x 128.00
  • Parcel Number: W10I001731S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 1550

Multi Family

  • Gross Scheduled Income: 18600.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 15, 2024
Sold by
2440 W Euclid St Llc
Bought by
Sigman Al
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Ryan Kain
RE/MAX Leading Edge
List Price
$330,000
Sold Price
$335,000
Premium/Discount to List
$5,000
1.52%
Total Days on Market
0
Views
17
Current Estimated Value
$338,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,694
Avg. Annual Appreciation
0.91%
Original Mortgage
$328,932
Outstanding Balance
$325,231
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$13,463

Purchase Details

Closed on
Oct 4, 2022
Sold by
Detroit Land Bank Authority
Bought by
2440 W Euclid St Llc

Purchase Details

Closed on
Oct 30, 2014
Sold by
City Of Detroit
Bought by
The Detroit Land Bank Authority

Purchase Details

Closed on
Feb 7, 2013
Sold by
Wayne County Treasurer
Bought by
Planning & Development Dept City Of Detr

Purchase Details

Closed on
Jul 6, 2010
Sold by
King Akita and Youngblood Bernard J
Bought by
Universal Christian Ministries

Purchase Details

Closed on
Jun 30, 2010
Sold by
Anjorin Stephen Gbenga
Bought by
King Akita

Purchase Details

Closed on
Oct 23, 2008
Sold by
Federal National Mortgage Association
Bought by
Anjorin Stephen Gbenga

Purchase Details

Closed on
Feb 5, 2008
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 2, 2008
Sold by
Sanders Carnell and Sanders Sonya R
Bought by
Chase Home Finance Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sigman Al $335,000 None Listed On Document
2440 W Euclid St Llc $35,000 --
The Detroit Land Bank Authority -- None Available
Planning & Development Dept City Of Detr -- None Available
Universal Christian Ministries -- None Available
King Akita -- None Available
Anjorin Stephen Gbenga $5,100 Warranty Title Agency Llc
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $91,315 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sigman Al $328,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $335,000 +1.5% $86 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $330,000 -- $84 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,444 $42,400 $0 $0
2023 $0 $0 $0 $0
2022 -- $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $3,277 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $340 $0 $0 $0
2015 $1,220 $12,200 $0 $0
2013 $3,391 $33,913 $0 $0
2010 -- $48,592 $1,145 $47,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230087417

Realcomp

APN: 10-001731